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IPG Photonics
Stock Price
$85.1
2024-10-29
Market Capitalization
$3.7 B
2024-10-29
Revenue
$977.1 M
FY, 2024
IPG Photonics Summary
Company Summary
- Overview
- IPG Photonics is a laser technology company. It offers design, development, production, and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The company provides laser cutting, welding, cleaning, drilling, cladding services, etc. IPG Photonics caters to automotive, consumer electronics, aerospace, semiconductor, and other industries.
- Type
- Public
- Status
- Active
- Founded
- 1990
- HQ
- Marlborough, MA, US | view all locations
- Cybersecurity rating
- ESG rating
Table of Contents
Key People
Eugene Scherbakov, Director
Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President
Trevor D. Ness, Senior Vice President, Sales and Strategic Business Development
Operating MetricsView all
Facility Space Leased, sq. ft.
21.5K
88.5%
FY, 2023
Facility Space Owned, sq. ft.
2.5M
FY, 2023
Backlog
$691.4M
5.2%
FY, 2023
LocationsView all
29 locations detected
Marlborough, MA HQ
United States
377 Simarano Drive
Anaheim, CA
United States
3150 La Palma Ave #K
Fridley, MN
United States
5110 Main St NE #1400
Marlborough, MA
United States
225 Cedar Hill St
Novi, MI
United States
46695 Magellan Dr
Oviedo, FL
United States
562 S Econ Cir
IPG Photonics Financials
Summary Financials
- Revenue (FY, 2024)
- $977.1M
- Gross profit (FY, 2024)
- $338.2M
- Net income (FY, 2024)
- ($181.5M)
- Cash (FY, 2024)
- $620.0M
- EBIT (FY, 2024)
- ($208.3M)
- Enterprise value
- $3.1B